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Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover
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Winnipeg Free Press By: The Canadian Press Save to Read Later
CALGARY - Cenovus Energy Inc. is selling an Alberta production royalty interest to Topaz Energy Corp. for $102 million, the first step in a plan to sell non-core assets to retire debt in the wake of its takeover of Husky Energy Inc. early this year.
The Cenovus logo seen at the company s headquarters in Calgary, Alta., on November 15, 2017. THE CANADIAN PRESS/Jeff McIntosh
CALGARY - Cenovus Energy Inc. is selling an Alberta production royalty interest to Topaz Energy Corp. for $102 million, the first step in a plan to sell non-core assets to retire debt in the wake of its takeover of Husky Energy Inc. early this year.
Cenovus royalty sale first in plan to sell assets to reduce debt after Husky takeover
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